Chapter 990: High Risks
Chapter 970 High Risk
The insider trading in front of and behind the stage continued, and the casualty report of the continental war finally came out. Undoubtedly, both sides of the warring parties are heavy losses, and the war is the most tragic in history.
According to the statistics of the Vienna government, the war directly caused the population of the European continent to drop by more than twelve million. In addition to the more than four million who emigrated and left, the rest died in the war.
Statistics:
Of these, 2,377,000 soldiers were killed in action on the side of the Antifa Allies, and 1,920,000 civilians died. (Killed in action includes late incurable deaths.) The specific figures are as follows:
Austria: 742,000 soldiers killed in action, 28,000 civilian deaths; (including colonial wars)
German Confederation: 582,000 soldiers killed in action, 587,000 civilian deaths;
Belgium: 273,000 soldiers killed in action, 556,000 civilian deaths;
Spain: 21,000 soldiers killed in action; (civilian deaths ignored)
Switzerland: 0.6 million soldiers killed in action; (civilian deaths ignored)
Kingdom of Sardinia: 176,000 soldiers killed in action, 465,000 civilian deaths; (including guerrilla, local uprising forces)
……
France: 3,206,000 soldiers killed in action, including 1,368,000 colonial legions, 417,000 Italian soldiers, 1,421,000 native soldiers, 886,000 civilian deaths. (Including the civil war)
Looking at the set of cold data in his hands, Franz sighed. In addition to the slightly shorter duration, the grueling nature of the war was not the least bit weaker than that of World War I in the original time and space.
Especially the number of civilian casualties was far more than that of the original space-time war. In addition to the wide spread of the warring regions, more importantly, it was also the result of the expulsion operation.
Even though the Vienna government took immediate relief action, it was not able to reduce the death rate by much.
The old, the sick and the disabled could not withstand the tossing and turning, and many of the people who were not strong enough collapsed on the halfway point of the flight, and were simply too late to receive help.
The statistics are only for civilian deaths on the continent. If the civilian deaths in the colonies were counted, the final figure would probably be double.
The death toll was so high, not to mention the casualties. Since the number of casualties could be accumulated and duplicated easily, the Vienna government did not bother to go through the trouble since it was impossible to be accurate anyway.
After half a dozen hours of work, Franz lamented, “Judging from the current situation, France is basically considered ruined! If nothing unexpected happens, they shouldn’t try to regain their strength in thirty years.”
No matter which way one looked at it, the French were now in a worse situation than the original time and space.
Although they had suffered equally heavy losses in the original time and space’s World War I, France was the victorious country and got the war dividend, with no losses in colonies or the mainland.
Now it is different, not only heavy losses, but also lost all the family, the next waiting for them will be a long career of debt repayment.
Even if they wanted to follow the example of Germany three bath fire rebirth, France does not have the capital to revive. Domestic collapse of the economy, needless to say, more critical is that they do not even have the population to revive.
As the protagonist of the Continental War, France’s population loss was not small. The direct deaths alone amounted to more than two million, and the number of disabled people was not expected to be much lower than that. Add in the ones that emigrated and left, and the number was even larger.
With empirical estimation, Franz can conclude that the labor force of France is going to appear fault, especially the male labor force is sharply lacking.
These problems could not be solved, and for a long time to come, the population of France would fall into negative growth.
Just look at the Russians next door on this point. Originally the number one country in Europe in terms of birth rate, as a result, after several wars, the birth rate dropped rapidly, and even once appeared to have negative growth.
The woolly bear can be slowed down in just a few years, that is, the Russians have high fertility enthusiasm, the French people are not keen to make a man.
If the economy doesn’t get going, the post-war birth rate in France will hit an all-time low.
In the original time and space, the population growth rate of France after World War I is very informative, twenty years time has increased by more than one million people. After subtracting the population growth brought about by immigration, France’s population growth rate was directly negative.
In the era of Industry 2.0, if the labor force is insufficient, then do not think anything. Austria was able to become the world’s number one economic powerhouse by having a population that far exceeded that of its competitors.
If Austria and France are the same, in the nineteenth century in the population bottleneck, even if Franz no matter how hard, will not be able to toss a big empire.
“The French still had some family money, and they still maintained it as long as they ended the war.
The worst off now are Belgium and the newly independent Italian states, whose economies completely collapsed during the war and are a complete mess.
If it wasn’t for our support, they would have starved long ago. Trying to restore the economy is no less difficult than having another continental war.”
It was obvious that Prime Minister Karl was in a huge headache right now. When fighting a war, naturally it is better to have more allies, and swarming is definitely cheaper than fighting alone.
When the war is over, the situation is very different. No matter what, everyone has squatted in the same trench. Carried guns together, shed blood together. When the little brother can’t make a living and comes to ask for help, it’s unreasonable not to give him a hand.
Pulling a hand is no problem, the key is that this is not a hand can pull up. The war has left too much trauma, whether it is Belgium, or the Italian states, are now penniless.
The question of when they will be self-sufficient is one that no one can answer. In any case, without a few years of work, will not be able to slow down.
As the biggest victor of the war, the outside world only saw the scenery of Austria, who did not know the Vienna government’s shyness.
Although the war was over, the Austrian government’s debt was still climbing sharply. Domestic rehabilitation work needs money, rebuilding the Rhineland region needs money, the unification of the German region still needs money, and supporting the little brother still needs money.
If it is not the top of a “hegemony” name, the capital market confidence in the Austrian government to an unprecedented level, the Vienna government is now not far from the financial crisis.
Franz rubbed his forehead: “Can’t give money directly. The war is over and they must learn to be independent. When the Vienna Peace Conference is over, showdown with them.
If you want money, follow the rules of the market. We can issue bonds for them or on their behalf, but the interest rate will be determined by the market.”
As a matter of fact, Austrian aid has never been gratuitous. It is only compared to the capital market that the funds provided by the Vienna government are the highest conscience of capital.
“Interest-free loans,” and of the kind that still have no conditions attached to them, will never be found in the world such conscientious debtors.
But this “conscience” was limited in time. In order to fight the French during the war, the Vienna government was naturally full of “conscience”. Now that the war is over, the “conscience” has also been exhausted.
Frankly speaking, if it were not for the fact that too much money had been printed before, coupled with the fear of the repayment ability of the countries, it would not have mattered even if the interest-free loans had been continuously issued.
After all, what is being lent out are all divine shields, not gold. Since the divine shield was taken, the post-war reconstruction of the countries could not be separated from Austria.
Through the means of trade, most of this money will still flow back to come back and promote Austria’s economic development, the Vienna government is not a loss.
Unfortunately in times of war, the Vienna government has turned on the money printing machine, and now there is a bit of a surplus of sacred shields circulating in the market.
Playing around like that again would be a clear anachronism. In case of a problem at any point, inflation was a matter of minutes.
In order to stabilize prices and the value of the divine shield, the Vienna government also had to find ways to recycle the excess banknotes on the market, for example: issuing bonds.
Against this backdrop, the Vienna government’s debt is naturally growing by the day. But compared to the monetary hegemony of the Sacred Shield, this little cost was not worth mentioning.
After all, there is still a competitor – the “pound sterling” – which is far from rampant.
Economy Minister Reinhardt reminded, “Your Majesty, the current intelligence is very special. Because of the war, the outside world is skeptical about the ability of the Belgian and Italian state governments to repay their debts.
Coupled with the just-bursting events of French debt default and German federal debt default, it has stimulated the capital market, and the market as a whole is now on the cautious side.
Unless we provide credit guarantees for them, they will not be able to obtain financing in the capital market.
The risk here is very high, and according to the information we have gathered and analyzed, the possibility of Belgium and the Italian states defaulting on their debts is as high as ninety percent.”
Bypass was well prepared, knowing that this was a high-risk deal. But after hearing “ninety percent possibility of default”, Franz was still startled.
Gambling does not bring such a game, no wonder no one in the capital market.
Austria provides guarantee, the possibility of default is as high as ninety percent; if replaced by ordinary financial institutions, the probability of default is not one hundred percent.
After a little hesitation, Franz decided to take the risk. After all, they are allies, the Vienna government can not watch them die ah!
If this group of little brother finished, and then re-support little brother, who can guarantee that the new government, will continue to implement pro-Austria policy. In the event that the British fooled away, Austria’s losses will be much bigger.
(End of chapter)